1-bed · 788 sqftRed Residence, Dubai Sports City · 13th floor · completed 2014

1312, Red Residence

Sold prices and rental history: sold twice, last in May 2026, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1312 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 630K19 May 2026
Current rentAED 60K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1312, Red Residence

What is 1312 worth today?

Last sold for AED 630,000 in 2026

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20 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
19 May 2026SoldReady
AED 630,000AED 799 per sqft
1 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
29 Nov 2018RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
18 May 2011Sold by developerOff-plan
AED 816,075AED 1,035 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
13th of 22
Parking
B2-95
Developer
ME Development
Completed
2014
Service charge
AED 11,100 /yr
Last sold
AED 630K · May 2026

About 1312, Red Residence

1312 is a one-bedroom apartment of 788 sqft on the 13th floor of Red Residence, a 22-storey tower in Dubai Sports City completed in 2014 by ME Development. It last sold on 19 May 2026 for AED 630,000, or AED 799 per sqft, in line with the AED 787 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 July 2026, is AED 60,000 a year: a gross yield of 9.5% on the 2026 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1312 over time

Sales
Unit 1312, each saleTypical one-bed in Red Residence
250K500K750K2010201520202025Typical sale price by year: 2010 AED 721,600; 2011 AED 782,387; 2012 AED 734,003; 2013 AED 847,026; 2014 AED 740,000; 2015 AED 740,050; 2016 AED 674,922; 2017 AED 690,000; 2019 AED 460,000; 2020 AED 350,000; 2021 AED 335,000; 2022 AED 395,000; 2023 AED 440,000; 2024 AED 550,000; 2025 AED 610,000; 2026 AED 620,000Sold by developer, May 2011: AED 816,075 (AED 1,035 per sqft)Sold, May 2026: AED 630,000 (AED 799 per sqft)

1312 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1312, each contractTypical one-bed in Red Residence
40K60K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 31,000; 2022 AED 35,000; 2023 AED 40,480; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 55,000New contract, November 2018: AED 48,000 a yearNew contract, March 2022: AED 35,000 a yearNew contract, July 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Red Residence, and where 1312 sits

All 202 1-beds →

1312 last sold in May 2026 at AED 799 per sqft, in line with what one-beds in Red Residence were fetching at the time (AED 787). Over the last 12 months one-beds sold for AED 550,000 to 690,000, around AED 788 per sqft, and rent for AED 25,000 to 75,000 a year. 1312's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026550,000
23 Oct 2026630,000
25 Sep 2026580,000
22 Sep 2026590,000
17 1-bed sales in the last 12 months

Red Residence

Building

330 apartments, studios to 2-bed over 22 floors in Dubai Sports City, completed in 2014 by ME Development. 27 sold in the last 12 months.

Typical price per sqft
AED 799 Up 6.5%
Typical sale
AED 630K
Typical rent
AED 55K /yr
Typical yield
8.8%
Red Residence, Dubai Sports City: prices, sales and rents →

Other units on the 13th floor

All 330 units in Red Residence
Value
13012-bedAED 900K · May 2016
13021-bedAED 565K · Mar 2025
13031-bedAED 690K · Mar 2026
13041-bedAED 600K · Apr 2017
13051-bedAED 475K · Nov 2023
13062-bedAED 1.18M · Oct 2015
13072-bedAED 822K · Jul 2015
1–7 of 13

1312, Red Residence in numbers

  • Sold twice: first on 18 May 2011 for AED 816,075, last on 19 May 2026 for AED 630,000 (AED 799 per sqft).
  • Rented since November 2018 on 3 Ejari contracts. The rent fell from AED 48,000 to AED 35,000 in 2022 and recovered to AED 60,000 by July 2026.
  • At AED 60,000 a year the gross yield on the 2026 price is 9.5%, before a service charge of about AED 11,100 a year (AED 14.13 per sqft).
  • One-beds in Red Residence sold for AED 550,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 799 per sqft.

Source: Dubai Land Department. Updated 20 July 2026.

Questions about 1312, Red Residence

What did unit 1312 last sell for?

AED 630,000 on 19 May 2026: AED 799 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 816,075 in May 2011.

What is the rent for unit 1312?

AED 60,000 a year on the contract signed on 20 July 2026. The previous contract, from March 2022, was AED 35,000; the unit has been rented since November 2018.

How big is unit 1312?

788 sqft (73.2 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2014.

What is unit 1312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Red Residence sold for AED 550,000 to 690,000 in the last 12 months, around AED 788 per sqft.

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Mortgage on 1312, Red Residence

Starts from the last sale price (AED 630K, 19 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →